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Toyoda Gosei Co (Toyoda Gosei Co) Gross Margin % : 15.01% (As of Mar. 2024)


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What is Toyoda Gosei Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Toyoda Gosei Co's Gross Profit for the three months ended in Mar. 2024 was $267 Mil. Toyoda Gosei Co's Revenue for the three months ended in Mar. 2024 was $1,781 Mil. Therefore, Toyoda Gosei Co's Gross Margin % for the quarter that ended in Mar. 2024 was 15.01%.


The historical rank and industry rank for Toyoda Gosei Co's Gross Margin % or its related term are showing as below:

TGOSY' s Gross Margin % Range Over the Past 10 Years
Min: 11.63   Med: 12.78   Max: 14.74
Current: 14.74


During the past 13 years, the highest Gross Margin % of Toyoda Gosei Co was 14.74%. The lowest was 11.63%. And the median was 12.78%.

TGOSY's Gross Margin % is ranked worse than
67.74% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 19.545 vs TGOSY: 14.74

Toyoda Gosei Co had a gross margin of 15.01% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Toyoda Gosei Co was 2.00% per year.


Toyoda Gosei Co Gross Margin % Historical Data

The historical data trend for Toyoda Gosei Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Toyoda Gosei Co Gross Margin % Chart

Toyoda Gosei Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.36 13.68 11.63 12.14 14.74

Toyoda Gosei Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.18 13.84 14.05 15.97 15.01

Competitive Comparison of Toyoda Gosei Co's Gross Margin %

For the Auto Parts subindustry, Toyoda Gosei Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Toyoda Gosei Co's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyoda Gosei Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Toyoda Gosei Co's Gross Margin % falls into.



Toyoda Gosei Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Toyoda Gosei Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=1054 / 7149.359
=(Revenue - Cost of Goods Sold) / Revenue
=(7149.359 - 6095.338) / 7149.359
=14.74 %

Toyoda Gosei Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=267.4 / 1781.388
=(Revenue - Cost of Goods Sold) / Revenue
=(1781.388 - 1513.971) / 1781.388
=15.01 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Toyoda Gosei Co  (OTCPK:TGOSY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Toyoda Gosei Co had a gross margin of 15.01% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Toyoda Gosei Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Toyoda Gosei Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Toyoda Gosei Co (Toyoda Gosei Co) Business Description

Traded in Other Exchanges
Address
1 Haruhinagahata, Aichi, Kiyosu, JPN, 452-8564
Toyoda Gosei Co Ltd is a manufacturer of resins and rubber parts for automobiles. The company's products fall in three categories: automotive parts, LEDs, and general industry products. The automotive parts segment, making up the lion's share of Toyoda Gosei's generated revenue, produces weather strips, fuel tank and engine peripheral parts, chassis and drivetrain parts, interior and exterior parts, and safety systems such as airbags. In its other business segments, the company produces LEDs for crystal displays, LED light solutions and glass-encapsulated LEDs, air conditioning products, home construction components, and industrial and construction machinery parts.

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